Since investing in the Miami based real estate and hospitality firm, Heritage Advisors has been pleased to see the company, led by Founder and CEO Nadim Ashi, go from strength to strength as it enters the Italian Hospitality market with a €165 million deal to acquire the historic Palazzo Marini in Rome.
Fort Partners today announced the acquisition of the Palazzo Marini (3-4) for €165 million with plans to develop the property into a luxury hotel that will be managed by Four Seasons Hotels and Resorts, the world’s leading luxury hospitality company.
Heritage Advisors’ partner closes on the €165 million deal with the intent to develop the property into a luxury hotel managed by Four Seasons
Nadim Ashi, Founder and CEO, Fort Partners said: “A project in Rome has been a dream of mine for many years. We have a clear vision and can already see this magnificent place come to life. As with our other properties, Fort Partners’ commitment to delivering top quality, excellence and elegance will be ever present in the execution of this project in the heart of Rome,”.
“We have a clear vision and can already see this magnificent place come to life”
Fort Partners’ vision for the Palazzo Marini 3-4 in Rome will be thoughtfully developed with a deep reverence for the building’s architectural importance within the Eternal City. This vision will be led by a collaborative team of exceptional talents who will transform the property in a manner that pays homage to its history while elevating it with a contemporary aesthetic that meets the needs of discerning global travellers.
This most recent acquisition is the largest real estate transaction in Rome for a number of years and demonstrates the global reach of Fort Partners with the Four Seasons brand. The project provides a fitting opportunity to offer exceptional hospitality in the centre of the iconic capital whilst protecting the architectural heritage of Rome.